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Hand Dryer Market by Product, Operation, and Geography - Forecast and Analysis 2021-2025

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR43845
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The hand dryer market share should rise by USD 200.32 million from 2021 to 2025 at a CAGR of 6.01%.

This hand dryer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (hot air hand dryers and jet air hand dryers), end-user (hotels and restaurants, shopping malls and complex, and others), operations (automatic hand dryers and push-button hand dryers), and geography (Europe, North America, APAC, South America, and MEA). The hand dryer market report also offers information on several market vendors, including Bradley Corp., Dyson Ltd., Euronics Industries Pvt. Ltd., Excel Dryer Inc., JVD SAS, Mitsubishi Electric Corp., Panasonic Corp., Rexnord Corp., STIEBEL ELTRON GmbH and Co. KG, and Toto Ltd. among others.

What will the Hand Dryer Market Size be in 2021?

To Unlock the Hand Dryer Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Hand Dryer Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The innovation in product design, technology, and features is notably driving the hand dryer market growth, although factors such as high preference for paper towels may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hand dryer market. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This hand dryer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Hand Dryer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Bradley Corp.
  • Dyson Ltd.
  • Euronics Industries Pvt. Ltd.
  • Excel Dryer Inc.
  • JVD SAS
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Rexnord Corp.
  • STIEBEL ELTRON GmbH and Co. KG
  • Toto Ltd.

 

The vendor landscape of the hand dryer market entails successful business strategies deployed by the vendors. The hand dryer market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the hand dryer market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Hand Dryer Market?

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44% of the market’s growth will originate from Europe during the forecast period.  The UK, Germany, and France are the key markets for the hand dryer market in Europe. 

The report offers an up-to-date analysis of the geographical composition of the market. Europe has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Rising concerns over wastepaper management will facilitate the hand dryer market growth in Europe over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Hand Dryer Market?

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The hand dryer market share growth by the hot air hand dryers segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the hand dryer market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Hand Dryer Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.01%

Market growth 2021-2025

$ 200.32 million

Market structure

Fragmented

YoY growth (%)

4.68

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 44%

Key consumer countries

US, UK, Germany, China, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Bradley Corp., Dyson Ltd., Euronics Industries Pvt. Ltd., Excel Dryer Inc., JVD SAS, Mitsubishi Electric Corp., Panasonic Corp., Rexnord Corp., STIEBEL ELTRON GmbH and Co. KG, and Toto Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Hand Dryer Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hand dryer market growth during the next five years
  • Precise estimation of the hand dryer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hand dryer market across Europe, North America, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hand dryer market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Hot air hand dryers - Market size and forecast 2020-2025
    • Jet air hand dryers - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Hotels and restaurants - Market size and forecast 2020-2025
    • Shopping malls and complex - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Market Segmentation by Operation

    • Market segments
    • Comparison by Operation
    • Automatic hand dryers - Market size and forecast 2020-2025
    • Push-button hand dryers - Market size and forecast 2020-2025
    • Market opportunity by Operation

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Bradley Corp.
      • Dyson Ltd.
      • Euronics Industries Pvt. Ltd.
      • Excel Dryer Inc.
      • JVD SAS
      • Mitsubishi Electric Corp.
      • Panasonic Corp.
      • Rexnord Corp.
      • STIEBEL ELTRON GmbH and Co. KG
      • Toto Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The hand dryer market growth will increase by $200.32 million during 2020-2025.
      The hand dryer market is expected to grow at a CAGR of 6.01% during 2020-2025.
      Technavio has segmented the hand dryer market by product (Hot air hand dryers and Jet air hand dryers) ,end user (Hotels and restaurants, Shopping malls and complex, and Others) , and other1 (Automatic hand dryers, Push-button hand dryers, APAC, South America, and MEA).
      Bradley Corp., Dyson Ltd., Euronics Industries Pvt. Ltd., Excel Dryer Inc., JVD SAS, Mitsubishi Electric Corp., Panasonic Corp., Rexnord Corp., STIEBEL ELTRON GmbH and Co. KG, Toto Ltd. are a few of the key vendors in the hand dryer market.
      Europe will register the highest growth rate of 43.88% among the other regions. Therefore, the hand dryer market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • UK
      • Germany
      • China
      • France
      The key factors driving the hand dryer market growth are:
      • Innovation in product design, technology, and features
      The hand dryer market vendors should focus on grabbing business opportunities from the hot air hand dryers segment as it accounted for the largest market share in the base year.
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